Pending $3,500,000 - Campground in Wisconsin, Destination Park, Family Friendly, Near Popular Destination, Near Water
$640,000 Gross Income – $310,000 expenses – $330K NOI with 60 acres to grow into!
This amazing park is about 100 acres with 60 or so left to be developed – this property overlooks the Mississippi River and has an awesome infrastructure already with the opportunity to grow! This property produces at a near 10% Cap with 2 management staff in the numbers. This could be run absentee or produce at a much higher cap rate if you run it yourself. The big opportunity here is that all the major infrastructure is in place for growth – huge new septic, all the outbuildings are in great shape – no deferred maintenance anywhere!
Add a few items to the pond and you will really have a great destination park on your hands. Swimming pool just of bar and grill area with plenty of seating and tiki bar options available. This place has it all and performs like a winner already.
- Confidential Listing: